Yeah, seems to be true.
This is the #1 wrestling news site, it’s been around since long before the internet (in snail mail) and it's usually 90% to 100% accurate.
PWTorch
Just beware to use your popup blockers; he has a few popup hell's there.
WWE.Com has not made an announcement yet, but odds are they are waiting until after Sunday.
Too bad, awesome talent, hope he will come back after some time off.